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QAI vs HECA

NYLI Hedge Multi-Strategy Tracker ETF vs Hedgeye Capital Allocation ETF

QAI

NYLI Hedge Multi-Strategy Tracker ETF

New York Life Investment Management LLC

Annual cost

0.88%

Fund size

$968M

HECA

Hedgeye Capital Allocation ETF

Hedgeye Asset Management, LLC

Annual cost

1.30%

Fund size

$378M

Key differences

  • QAI costs 0.42% less per year.
  • QAI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

QAIHECA
Annual cost (TER)0.88%1.30%
Fund size (AUM)$968M$378M
Since20092025
Dividend yield1.41%
Asset classalternativealternative
Regionnorth america
Strategymulti strategymulti strategy
CAGR 1Y+15.3%N/A
CAGR 3Y+9.9%N/A
CAGR 5Y+4.6%N/A
Sharpe 3Y1.00N/A
Volatility 1Y5.97%
Max drawdown-14.95%-11.81%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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